What type of mortgages does First National Bank offer?
First National Bank has a variety of mortgage loan options. Our goal is to work with you to find the one that best suits your needs. The following are a few of the mortgage lending products we have available: Prequalified Loan Program Get prequalified for your home loan before you begin to look for a house by calling First National Bank’s Mortgage Lending department. By getting prequalified first, you will know in advance how much money you are qualified to borrow for a home and you will have greater negotiating power. Prequalification also allows you to close more quickly on your new home. Conventional Loans Fixed-rate mortgage loans with the monthly principal and interest payment, interest rate and term of the loan guaranteed. Interest rates are usually lowest on the shortest term, and down-payments vary based on the total mortgage. FHA Mortgages Government insured loans that require low down-payments, have assumption privileges and provide many advantages to homebuyers purchasing mo
